HP expands wireless capabilities with latest acquisition
vnunet.com, 11 Aug 2008
HP has announced plans to acquire wireless network specialist Colubris Networks for an undisclosed sum.
HP plans to integrate Colubris’ product line with its ProCurve Networking product portfolio in order to expand its wireless offerings into new markets, such as hospitality, healthcare and education. Colubris offers wireless management and security products, as well as 802.11n capabilities.
“The acquisition of Colubris Networks will strengthen ProCurve’s hardware, management platform and services, significantly improving the overall performance capabilities of both wired and wireless networks, and will deliver even more best-in-class choices for our customers worldwide,” said Marius Hass, HP ProCurve senior vice president and general manager.
The acquisition is expected to close by the end of HP’s fiscal year 2008 and is subject to certain closing conditions.
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